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updated —WTI Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.48%
3d Period Avg−7.67%
swing±47.40%
LONG Bybit · nowCLUSDT
+0.00%
3d avg:−42.54%
SHORT Hotcoin · nowCLUSDT
−5.48%
3d avg:−50.21%
Entry Spread Now
+0.000%
NeutralL ask 87.6200 · S bid 87.6200
24h range −0.12%…+0.21% · median −0.01%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$37.14
−0.37%
$Avg Daily PnL
−$3.39
−0.0339%
★Best Day
+$5.04
Nov 13
◎Open Interest
⚡Funding APR
−12.38%
annualized · funding only
⚠Execution Cost
−$26.97
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$26.97 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.